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New estimate projects 50% less Alaska state revenue from proposed Willow oil project

Posted 9/11/25

A report published by the Alaska Department of Revenue last month says the state treasury will benefit far less from the new Willow oil project than previously estimated. According to the department’s new estimate, Alaska’s state treasury will net $2.6 billion from the development between 2029, when Willow is expected to begin producing oil, and […]

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